Where Do I Mail My Quarterly 941?

by | Last updated on January 24, 2024

, , , ,
Mailing Addresses for Forms 941 Mail return without payment ... Mail return with payment ... Department of the Treasury Internal Revenue Service Kansas City, MO 64999-0005 Internal Revenue Service PO Box 806532 Cincinnati, OH 45280-6532

Where do I mail my 941 quarterly report?

Internal Revenue Service PO Box 37941; Hartford, CT 06176-7941 —this address is for businesses that wish to include a payment with their 941 tax form.

Where do I mail my 941 first quarter 2021?

Return without payment Return with payment Internal Revenue Service, P.O. Box 409101, Ogden, UT 84409 Internal Revenue Service, P.O. Box 932100, Louisville, KY 40293-2100 The IRS Recommends filers to e-file form 941 for quick processing. E-File Now

Can I file form 941 by mail?

If you decide to paper file your Form 941 return, you must mail a copy of the return to the IRS . The mailing address of your Form 941 return depends on the state in which your business operates and the inclusion of payment along with your Form 941 return.

Can I file 941 online?

The IRS requires that all businesses file Form 941 online through an approved e-file provider or on IRS-authorized paper forms. You can e-file Form 941, Employer’s Quarterly Federal Tax Return, online to the IRS with ExpressIRSForms. ... Employer/employee shares of Medicare and Social Security taxes.

Where do I send my 720 tax form?

Form Name (For a copy of a Form, Instruction, or Publication) Address to Mail Form to IRS: Form 720 Quarterly Federal Excise Tax Return Department of the Treasury Internal Revenue Service Ogden, UT 84201-0009 Form 730 Tax on Wagering Department of the Treasury Internal Revenue Service Ogden, Utah 84201-0100

Is there a new form 941 for 2021?

New IRS Form 941 for the 2nd Quarter of 2021

Due to the ongoing pandemic, the IRS has adjusted this form on an almost quarterly basis to reflect the tax relief and legislation passed to help small businesses. The IRS released the final version for the Revised Form 941 for second quarter of 2021.

What is a quarterly 941?

IRS Form 941 is a tax form that businesses file quarterly to report income taxes, Social Security taxes and Medicare taxes they withheld from employee paychecks . Form 941 also reports employer Social Security and Medicare taxes. ... Tips your employees reported to you.

How do I fill out Form 941?

  1. Basic business information, such as your business’s name, address, and Employer Identification Number (EIN)
  2. Number of employees you compensated during the quarter.
  3. Total wages you paid to employees in the quarter.
  4. Taxable Social Security and Medicare wages for the quarter.

How do I claim employee retention credit on Form 941?

  1. Use a separate Form 941-X for each Form 941 that you are correcting. ...
  2. To claim the Employee Retention Credit as a refund on Form 941-X: ...
  3. The total amount of the ERC is represented as a negative amount on Line 18 – Nonrefundable Portion and Line 26 – Refundable Portion.

Do you file 941 if no payroll?

Generally, any person or business that pays wages to an employee must file a Form 941 each quarter, and must continue to do so even if there are no employees during some of the quarters.

Can you e-file 941 through QuickBooks?

You may now e-file forms 940, 941, and 944 in QuickBooks Desktop using your existing 10-digit PIN. Go to Employees, and then Payroll Center. Open the QuickBooks Desktop Payroll Setup, and go to File Forms tab. ... Check if the filing method of your Federal Form 940, 941 and 944 is already E-File and select Continue.

What happens if you file 941 late?

If you file Form 941 late, the IRS imposes a penalty of five percent per month or partial month you are late, up to a maximum of 25 percent .

Who fills out Form 720?

Form 720 is a tax form required of businesses that deal with the sale of certain goods (like alcohol or gasoline) and services (for instance, tanning salons). These businesses are required to pay extra taxes, known as “Excise Taxes”, and they are accounted for through this form.

Is there a penalty for filing Form 720 late?

The penalty for filing late is 5% of the total tax assessed that was not paid when due . It is charged each month or part of a month the return is late, for up to 5 months.

What is the difference between an excise tax and a sales tax?

Excise taxes are sales taxes that apply to particular products. ... Unlike general sales taxes, excise taxes are usually applied on a per-unit basis instead of as a percentage of the purchase price. For instance, cigarette excise taxes are calculated in cents per pack.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.